View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Software
September 29, 2014

EAT bins the spreadsheets for cloud finance forecasting

UK lunch maker serves up high street expansion.

By Ben Sullivan

EAT, one of the UK’s high street sandwich makers, is using Excel-killer Anaplan to help with its expansion plans.

The chain currently operates around 100 shops throughout the country, but by using financial planning and analysis platform Anaplan, EAT says it will expand "two to three shops a period" whilst keeping its finances in check.

Initiated in January 2014, EAT financial director Strahan Wilson told CBR that the platform was able to be rolled out in a very short period of time, and the benefits were clearly visible by the end of EAT’s fiscal year in June.

Wilson said that old spreadsheet systems were challenging and "slow and convoluted", and with an expanding number of sandwich shops would come an expanding number of Excel rows.

"We’d end up with spreadsheets that were multiple megabytes," Wilson said.

It takes three core EAT employees to run a planning model with nearly 800 million populated cells to capture sales by product, by week and calculate all the costs by year, by week and by store. Anaplan is also used by the EAT reporting team to pull actual monthly reports that go into their management and executive boards.


Content from our partners
AI is transforming efficiencies and unlocking value for distributors
Collaboration along the entire F&B supply chain can optimise and enhance business
Inside ransomware's hidden costs

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.